Central Asia: Synthetic Staple Fibre Market 2020

Synthetic Staple Fibre Market Size in Central Asia

The revenue of the synthetic staple fibre market in Central Asia amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The synthetic staple fibre consumption continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the synthetic staple fibre market attained their peak level, and is likely to continue its growth in the immediate term.

Synthetic Staple Fibre Exports in Central Asia

In 2017, the amount of synthetic staple fibres exported in Central Asia stood at X tons, shrinking by -X% against the previous year. The synthetic staple fibre exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, synthetic staple fibre exports stood at $X in 2017. The synthetic staple fibre exports continue to indicate a skyrocketing expansion. Over the period under review, the synthetic staple fibre exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Synthetic Staple Fibre Exports by Country in Central Asia

In 2017, Kazakhstan (X tons) were the main exporters of synthetic staple fibres in Central Asia, creating X% of total export.

Kazakhstan was also the fastest growing in terms of the synthetic staple fibres exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest synthetic staple fibre supplier in Central Asia.

In Kazakhstan, synthetic staple fibre exports increased at an average annual rate of +X% over the period from 2007-2017.

Synthetic Staple Fibre Export Prices by Country in Central Asia

In 2017, the synthetic staple fibre export price in Central Asia amounted to $X per kg, picking up by X% against the previous year. The synthetic staple fibre export price continues to indicate a strong growth. The growth pace was the most rapid in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for synthetic staple fibres attained their peak level, and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by export prices for Kazakhstan.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Synthetic Staple Fibre Imports in Central Asia

The imports stood at X tons in 2017, growing by X% against the previous year. The synthetic staple fibre imports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. Over the period under review, the synthetic staple fibre imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, synthetic staple fibre imports stood at $X in 2017. The synthetic staple fibre imports continue to indicate a strong increase. Over the period under review, the synthetic staple fibre imports attained its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Synthetic Staple Fibre Imports by Country in Central Asia

Kazakhstan represented the main importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Kyrgyzstan (X tons), generating X% share of total imports. Mongolia (X tons) held the slight share of total imports.

Kazakhstan was also the fastest growing in terms of the synthetic staple fibres imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. By contrast, Mongolia (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (-X%) and Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported synthetic staple fibres in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports. It was followed by Mongolia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+X% per year) and Mongolia (-X% per year).

Synthetic Staple Fibre Import Prices by Country in Central Asia

In 2017, the synthetic staple fibre import price in Central Asia amounted to $X per ton, coming up by X% against the previous year. The synthetic staple fibre import price continues to indicate a measured setback. The growth pace was the most rapid in 2017, an increase of X% year-to-year. Over the period under review, the import prices for synthetic staple fibres attained its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kyrgyzstan ($X per ton) and Mongolia ($X per ton), while Kazakhstan ($X per ton) and Mongolia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform